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Is steel worth scrapping?

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  1. #1
    hobo finds's Avatar
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    Steel makes up about 36% of the cash for me and 78% of the weight I bring in. And in order to get better prices at a yard I go to I take in 10 trips of steel (separated into, sheet iron, clean sheet iron, torch and prepared) and then take the good stuff for the bonus pricing of $.10 a pound for everything the next trip.


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    mike1 is offline Metal Recycling Entrepreneur
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    in my opinion no i would not if you have the means to transport and store such things you could. in my case im more of a manual kind of person where as i want to make profit and not waste it on using gas but it also limits on what and how much stuff i can get on a dolly lol but i save money that way=) i can cut down anything else but steel and ali cans they to take up loads of room. cast ali can break down nice.

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    Quote Originally Posted by mike1 View Post
    in my opinion no i would not if you have the means to transport and store such things you could. in my case im more of a manual kind of person where as i want to make profit and not waste it on using gas but it also limits on what and how much stuff i can get on a dolly lol but i save money that way=) i can cut down anything else but steel and ali cans they to take up loads of room. cast ali can break down nice.
    For myself it is worth it. I specialize in steel 99% of the time. There are several businesses in town that would have to pay for disposal if I did not clean it up. The owners of these businesses visit the coffee shop every day. My name comes up and I get more business. One trip into town once a month will provide a trailer load of steel and at todays market, $ 400. From this I get to haul combines, tractors, and other farm machinery.

    You need to create your niche based on your location and the market. I haul over 60 mi. and can make a profit. My recommendation, think like the big dog on the porch, not the puppy.
    Give back more to this world than we take.

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